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Jun 28, 2012

Bank of Luxemburg Announces Retirements and Appointments to Board of Directors

Luxemburg, Wis. (June 28,
2012) –
Bank of Luxemburg, an independent community bank in Northeast Wisconsin,
announces the retirements of Thomas J. Rueckl and Donald Pritzl as members of
the Board of Directors of Bank of Luxemburg. Rueckl was a member of the Board of Directors for the Bank
since 1985 and previously held the position as Chairman of the Board. Pritzl was a member of the Board of
Directors since 1992 and recently held the position of Vice Chairman of the
Board. During the terms both
served as directors, the Bank expanded into new markets and remained a strong
financial institution serving the shareholders of the Bank.

Raymond
Balza was appointed Chairman of the Board for Bank of Luxemburg on June 12,
2012. Balza, a graduate of the
University of Wisconsin-Green Bay, has been a director at the Bank since 2003
and is currently the Assistant Controller for America’s Service Line, LLC in
Green Bay, WI. Balza brings years
of experience to the board with a strong background in accounting and financial
reporting. He is a devoted
supporter of the local community and has been involved with the growth and
prosperity of the Bank.

President
John Slatky noted, “The Bank of Luxemburg continues to grow and prosper because
of the knowledge and dedication of our Board of Directors. Mr. Rueckl and Mr. Pritzl will be
missed, however, prior to leaving they insured that the Bank had competent
individuals, like Mr. Balza, to assume their duties. On behalf of the shareholders, employees and community we
would like to thank them for their commitment and congratulate Mr. Balza on his
election as the new Chairman of the Board of Directors.”

About Bank of Luxemburg:

Started
in 1903, Bank of Luxemburg now serves customers at eight Northeast Wisconsin
locations. As an independent
community bank, Bank of Luxemburg is owned by local stockholders. More information can be found at bankofluxemburg.com.

Luxemburg
Bancshares, Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green
Bay, Forestville, Dyckesville, Casco and Algoma. The company also operates Raymond James Financial Services, offering
financial planning and the sale of alternative investments to its customers in
each community. For more
information about Luxemburg Bancshares, Inc. contact John Slatky at
1-920-845-2345.

Bank of Luxemburg is:Local – Local management and local decision making.Loyal – We are loyal to our customers and the communities we serve.Lasting – Bank of Luxemburg has lasted through all the economic cycles since 1903 and is committed to moving forward as a safe and sound independent community bank.